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[SOLVED] Working Out Gross Revenue minus cost of goods sold

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    Question [SOLVED] Working Out Gross Revenue minus cost of goods sold

    Hi!

    I have been asked to work out the gross revenue of men's sales for the last 6 months. Is this as simple as units sold x RRP or does it need to be units sold x RRP - COGS? If its more complicated I have attached a sheet with some sample data as I don't know how to work out this data.

    Thanks
    Hannah
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    Last edited by hanlemc; 07-27-2021 at 07:40 AM.

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    Re: Working Out Gross Revenue minus cost of goods sold

    From the very limited data provided...

    Gross REVENUE would be Units Sold * RRP.
    Gross PROFIT would be Units Sold * (RRP-CostPrice)
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    Re: Working Out Gross Revenue minus cost of goods sold

    Some thing along the lines of the attached - simple formulas in cells of the table.
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    Torachan,

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    Re: Working Out Gross Revenue minus cost of goods sold

    Just wondering where you got those overheads from? Did I miss something or did you make it up?

    What did you include in your overheads to come up with a Net Profit?

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    Re: Working Out Gross Revenue minus cost of goods sold

    just a made up figure - to extend the table to differentiate nett from gross.

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